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The latest letter from the intellectual titan of Oaktree... Enjoy

In an example of what we will be seeing a whole lot more of in the next few days, Flextronics issued a press release, claiming "it has been proactively engaged in executing a risk mitigation plan with respect to its relationship with Nortel for a period of several months. In December 2008, Flex engaged The Blackstone Group as it financial advisor to assist with evaluating the Nortel relationship and planning for any Nortel restructuring strategy." In addition, Flextronics will provide more specific financial details associated with today's news on its January 28, 2PM earnings call.

In a rather edgy back and forth between Michael Hirschorn of the Atlantic and Catherine Mathis, SVP Corporate Communications at the NYT, each one blames the other for calling the kettle black.

After news such as retail sales, Deustche Bank earnings, HSBC earnings, bad tiffany's news combined with a cut in guidance, a couple of ba

Despite our assumption that this would be a Southern New York Case, and in fact was a Delaware filing, the overall parameters turned out right.

Despite our assumption that this would be a Southern New York Case, and in fact was a Delaware filing, the overall parameters turned out right.

WSJ, and CNN report that Schrenker is in the custody of the Gadsden County Sheriff's Office. Lt. Jim Corder says Marcus is alive and well. Schrenker managed to traverse a distance of 275 miles, from the house he showed up at on Sunday night in Childersburg, Ala, to his current location at Tallahassee Memorial Hosptial as apparently he had slit his wrists shortly before being captured.

WSJ, and CNN report that Schrenker is in the custody of the Gadsden County Sheriff's Office. Lt. Jim Corder says Marcus is alive and well. Schrenker managed to traverse a distance of 275 miles, from the house he showed up at on Sunday night in Childersburg, Ala, to his current location at Tallahassee Memorial Hosptial as apparently he had slit his wrists shortly before being captured.

As the media whirlwind over the latest Ponzmaster becomes more and more acute, the disclosures about his past keep mounting to a point where what Madoff has done in comparison will likely soon seem tame.

As the media whirlwind over the latest Ponzmaster becomes more and more acute, the disclosures about his past keep mounting to a point where what Madoff has done in comparison will likely soon seem tame.

According to GM COO Fritz Henderson, if the worst case scenario that the company has put together which calls for 10.5 million annual car sales (which is higher than recent market data shows for an annualized run-rate around 10 million), then the company will simply have to

According to GM COO Fritz Henderson, if the worst case scenario that the company has put together which calls for 10.5 million annual car sales (which is higher than recent market data shows for an annualized run-rate around 10 million), then the company will simply have to

Summary as disclosed in C press release:

• More than 20,000 high-quality financial advisors;
• $1.7 trillion in client assets;
• $14.9 billion in pro-forma combined revenues;
• $2.8 billion in pro-forma combined pre-tax profit;
• 6.8 million client households globally – with a strong presence in the critically important
• high-net-worth client segment; and,
• A footprint of more than 1,000 offices around the globe.

Lead -> Gold